J.P. Morgan Chase is the latest Wall Street company to reverse its attitude towards the US stock market. Although US President Trump's trade policy is still uncertain, the stock market continues to rise, and J.P. Morgan Chase raised its target level in the S&P 500 index. The bank's chief stock strategist Dubravko Lacos-Bujas predicted during the April tariff fluctuations that the US benchmark stock index would reach 5,200 points by the end of 2025. But he now expects the index to reach 6,000 points by the end of 2025, up less than 1% from the closing price of the S&P 500 index on Thursday, after a double-digit rebound since its low on April 8. But compared to his previous expectations, this is still quite optimistic.

Zhitongcaijing · 06/06 14:17
J.P. Morgan Chase is the latest Wall Street company to reverse its attitude towards the US stock market. Although US President Trump's trade policy is still uncertain, the stock market continues to rise, and J.P. Morgan Chase raised its target level in the S&P 500 index. The bank's chief stock strategist Dubravko Lacos-Bujas predicted during the April tariff fluctuations that the US benchmark stock index would reach 5,200 points by the end of 2025. But he now expects the index to reach 6,000 points by the end of 2025, up less than 1% from the closing price of the S&P 500 index on Thursday, after a double-digit rebound since its low on April 8. But compared to his previous expectations, this is still quite optimistic.